RAILS Holds Federal Savings Bank Certificate Of Deposit
Reaching Across Illinois Library System (Rails)Library District · Burr Ridge, IL- Disclosed value
- $249,879.63 par/face value; $222,650.00 market value
- From report
- Document date
- Aug 21, 2026
- Renews
- Free account
The 30-second brief
RAILS held a $249,879.63 certificate of deposit with The Federal Savings Bank as of July 31, 2026. The investment carried 3.934% APY and matures February 1, 2027.
Federal Savings Bank holds this financial services contract with Reaching Across Illinois Library System (Rails). Its other public contracts on record include work for Avoca SD 37 and Will County SD 92.
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Contract details
- Contract type
- Financial Services
- Amount
- $249,879.63 par/face value; $222,650.00 market value
- Document date
- August 21, 2026
- Term
- Certificate of deposit maturing 2027-02-01
- Renews
- On record
- Vendor
- Federal Savings Bank
- Source document
- RAILS Report RAILS Financial Reports - July 2026 2026-08-21 (Report)
Federal Savings Bank's other public contracts
More Reaching Across Illinois Library System (Rails) contracts
Questions about this contract
Who was awarded the financial services contract by Reaching Across Illinois Library System (Rails)?
Federal Savings Bank was awarded this financial services contract by Reaching Across Illinois Library System (Rails), as recorded on August 21, 2026. The contract value is $249,879.63 par/face value; $222,650.00 market value.
How much is the Federal Savings Bank contract with Reaching Across Illinois Library System (Rails) worth?
The Federal Savings Bank contract with Reaching Across Illinois Library System (Rails) is valued at $249,879.63 par/face value; $222,650.00 market value, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a report record.
Where was this contract approved?
This contract appears in RAILS Report RAILS Financial Reports - July 2026 2026-08-21 (Report), dated August 21, 2026 from Reaching Across Illinois Library System (Rails). Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Federal Savings Bank hold?
Federal Savings Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Reaching Across Illinois Library System (Rails) currently buying?
Explore Reaching Across Illinois Library System (Rails)'s vendors, signed contracts, and active RFPs on their Civic IQ agency profile.
